Fact Sheet - Alcoa

1 Region: Australia Product: Aluminium ingot Certifications: ISO 450001, ISO 14001, ISO 9001 (casthouse) Manager: Ron Jorgensen Operations Portland Aluminium opened in 1986 and is a joint venture between Alcoa of Australia (55%), CITIC ( ) and Marubeni Aluminium Australia ( ). Alcoa manages the day-to-day operations at the smelter. The smelter has an annual nameplate production capacity of 358,000 metric tons and produces aluminium ingot. The majority of Portland Aluminium s product is exported to customers in Asia. The smelter produces approximately 19 per cent of Australia s total aluminium production. Portland Aluminium is situated on approximately 600 hectares.

2 The smelter operations, ancillary buildings and roads occupy approximately 100 hectares. The 500 hectares of land surrounding the operations is managed to protect and conserve native fauna with the main focus being on the protection of habitat and an emphasis on significant species. Economic Impact Portland Aluminium is the largest employer in the region, with approximately 470 direct employees and 160 contractors. The majority of employees live in the local Portland community. In 2020, 83 per cent of Alcoa Australia s annual revenue stayed in Australia through wages, local purchasing, taxes, royalties and dividends to Australian shareholders.

3 O The smelter injected approximately AU$61 million into the Victorian community through direct salaries, wages and benefits and AU$108 million in Victorian supply contracts. o Our Australian operations combined injected AU$340 million into Australia s local, state and federal governments through the payment of royalties, taxes, rates and charges. o Approximately AU$7 million was paid to Victoria s local and state governments. Aluminium from Portland Aluminium is a valuable export good for the state of Victoria. Alcoa of Australia produces an annual Tax Transparency Report in support of high standards of corporate governance and an open approach to business conduct.

4 Community Engagement Each year Portland Aluminium contributes approximately AU$280,000 in local partnerships and supports a broad range of community services. Portland Aluminium launched a significant partnership in 2021 with Winda-Mara Aboriginal Corporation, the Wayapa Koornong Mara project. A $45,000 grant was provided to enable mentorship, educational and cultural activities to strengthen cultural connection with the indigenous community. In 2020, employees initiated six Alcoans Coming Together In Our Neighbourhoods (ACTION) grants to support local community groups. In 2015, Portland Aluminium founded the highly regarded Future Leaders of Industry Scholarship program which supports local students to learn about local careers.

5 In partnership with United Way Glenelg, Portland Aluminium has helped improve literacy in the region since 2013 through the delivery of the Dolly Parton Imagination Library where to date over 35,000 free books have been delivered to children aged 0 to 5 years. The Glenelg Shire has the largest take up of the program Australia-wide. Portland Aluminium was integral in founding The Committee for Portland. Established in 2007, the committee advocates and facilitates the future development of Portland and surrounding areas to be a vibrant and economically sustainable community. Environment and sustainability Portland Aluminium is committed to continuously improve environmental performance, reduce environmental impacts and develop more sustainable operating practices.

6 Targets and actions for water, waste, air and land are continually reviewed and monitored. Portland Aluminium maintains walking tracks on its land adjacent to and connecting with the renowned Great South West Walk, a 256km trail taking in the Glenelg River, Bridgewater Lakes, Bridgewater Bay and Portland Bay s spectacular forests and coastline. Walking tracks are open to the community. fact Sheet Portland Aluminium Smelter Anna Impey, Community Relations T: 03 5521 5463 E: Alcoa in Australia Alcoa has operated in Australia for nearly 60 years and in this time approximately AU$ billion has been invested by its Australian operations.

7 Alcoa s Australian operations represent one of the world s largest integrated bauxite mining, alumina refining and aluminium smelting systems. Two bauxite mines and three alumina refineries in WA produce almost 45 per cent of Australia s alumina. In Victoria, Portland Aluminium Smelter (which is 55 per cent owned by Alcoa of Australia) produces approximately 19 per cent of the nation s aluminium. Alcoa directly employs nearly 4400 people, predominantly from regional WA and Victoria. In 2020, Alcoa paid AU$706 million in wages and benefits. Alcoa s values ensure that employees act with integrity, operate with excellence, care for people and lead with courage.

8 Alcoa has been named an employer of choice for two decades by the Federal Government s Workplace Gender Equality Agency. Flexible work practices at Alcoa mean that employees can balance their personal interests and family life alongside their work commitments. Alcoa Corporation Alcoa Corporation is a global industry leader in bauxite, alumina and aluminium products, and is built on a foundation of strong values and operating excellence dating back more than 135 years to the world -changing discovery that made aluminium an affordable and vital part of modern life. Since developing the aluminium industry, and throughout the company s history, our talented employees have followed on with breakthrough innovations and best practices that have led to efficiency, safety, sustainability and stronger communities wherever we operate.

9 As a leader in the mining and metals industry, Alcoa has a strategic priority to advance sustainably and is a member of the International Council of Mining and Metals (ICMM). In 2021 Alcoa announced its aspiration to achieve net zero carbon emissions by 2050 and vision to reinvent the aluminium industry for a sustainable future. Alcoa s technology roadmap supports the vision and features three key innovations: Refinery of the Future; Reinventing Smelting through ELYSIS ; and Transforming Recycling through ASTRAEA . Alcoa is included in S&P Global s 2021 sustainability Yearbook and was named to the 2021 dow jones sustainability index .

10 Alcoa ranked on Fortune Magazine s world s Most Admired Companies list and is included in Bloomberg s Gender-Equality index . Visit us online at , follow @ Alcoa on Twitter and on Facebook.